Jan 08 , 2016

Tampa School of Real Estate

Documentary Tax Stamps (doc Stamps)

Definition:  A state tax imposed on the transfer or conveyance of realty or any realty interest by means of deed, lease, sublease, assignment or similar instrument.

Pronunciation:    \ˈdä-kyə-men-tə-rē\

Used in a Sentence:  The documentary tax stamp on the deed was $524.50.